Skycar Developer, Moller International, Sets Date for 2013 Annual Shareholders' Meeting
October 02, 2013 -- !-- AddToAny BEGIN -->
Davis, CA, Oct. 2, 2013 (GLOBE NEWSWIRE) -- Moller International, Inc. (MI) (OTC-QB: MLER), the developer of
the Skycar® aircraft, the
Rotapower® line of rotary engines and the
Aerobot® line of Unmanned Aerial Vehicles (UAV)
will conduct its 2013 Annual Shareholders meeting on Saturday,
November 16, 2013 from 10:00 AM to noon.
The meeting will be held at 1632 Da Vinci Ct., Davis, CA
95618-4860, which is adjacent to MI's main offices. You can park at
1632 Da Vinci Ct. or at MI's offices at 1222 Research Park Dr.
The purpose of the meeting is:
1. Election of Board of Directors
2. Annual report to shareholders
3. Such other business as may be properly
brought up at the meeting
Shareholders of record on the books of the corporation at the
close of business on November 15, 2013 will be entitled to vote at
the meeting. All shareholders are cordially invited to attend the
meeting in person. It is important that your shares be represented
regardless of the number you own. Please contact the company and
request a proxy ballot if you are unable to attend in person.
Freedom Motors Annual Shareholders' meeting will be held
simultaneously with the MI session. Matters specifically oriented
to Freedom Motors shareholders will be addressed.
Following the meetings, Moller International's
Skycar® 400 and other products will be on display at the
About Moller International
Moller International (OTC-QB: MLER) formerly Moller Aircraft had
its origins in research carried out by Dr. Paul Moller when he
tested a scale model of his VTOL capable aircraft in 1961. A
full-size version of the earlier VTOL aircraft was demonstrated in
1965. In 1967, research was conducted with the specific purpose of
developing vertical takeoff aircraft for the consumer market.
Today, Moller International is a fully reporting public company
that has continued to develop a number of VTOL aircraft employing
Rotapower® engines and stabilization systems used
not only in creating the Skycar® 400 and the Neuera, but
also other VTOL aircraft targeted at the military, public safety,
commercial and consumer markets.
The Skycar® has been featured on a number of TV
programs including CBS 60 Minutes, "Highway In the Sky", NBC's
Today Show "Today's American Story", and History Channel's,
"Greatest Movie Gadgets: Then and Now."
About Freedom Motors
Freedom Motors was founded in 1997 as a wholly owned division of
Moller International. In 2001 it became a separate
corporation that was exclusively licensed to manufacture,
sub-license and sell Rotapower® engines throughout
the world. It later demonstrated that its
Rotapower® engine could meet California's
requirements for ULEV while running on gasoline and the Super Ultra
Low Emissions Vehicle (SULEV) levels on ethanol.
The company recently developed and is patenting a compound
version of its Rotapower engine that has the potential to achieve
extremely low fuel consumption as well. The new engine is
particularly well suited to be used as the backup power source for
a Plug-in Hybrid Electric Vehicle (PHEV).
Safe Harbor Statement
Except for historic information contained in this release, the
statements in this news release are forward-looking statements that
are made pursuant to the safe harbor provisions of the Private
Securities Litigation Reform Act of 1995. Forward-looking
statements involve known and unknown risks and uncertainties, which
may cause a company's actual results in the future to differ
materially from forecasted results. These risks and uncertainties
include, among other things, the company's ability to attract
qualified management, raise sufficient capital to execute its
business plan, and effectively compete against similar
CONTACT: Bruce Calkins
1222 Research Park Drive
Davis, CA 95618-4849